Partnership Legal Advice (778 found)

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Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

You should enter into a purchase and sale agreement by which the new business...
Richard F Hamlin
Richard F Hamlin's answer
Contributor Level 5

It sounds as if you are considering entering into a business partnership with...
Question

Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

To answer your specific questions, LLCs are separate legal entities, and if you...
Melissa Cari Marsh
Melissa Cari Marsh's answer
Contributor Level 7

As stated by the previous attorney, there are too many factors that must be...
Richard F Hamlin
Richard F Hamlin's answer
Contributor Level 5

You could be liable. If you have been running the business together in what...
Question

Greta Muirhead
Greta Muirhead's answer
Contributor Level 7

I have reveiwed the Nevada domestic partnership law and I do not see any...
Steven Alan Fink
Steven Alan Fink's answer
Contributor Level 8

If he had K1 prepared showing you as 50% owner he cannot change it unilaterally....
Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

I agree, fundamentally, with the first answer - especially the recommendation...
Herbert J Tan
Herbert J Tan's answer
Contributor Level 7

Assuming there was no written agreement, he can certainly venture off on his...
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Donald Erich Lowrey's answer
Contributor Level 4

It appears from your question that your LLC is to be treated as a partnership....
Henry Daniel Lively
Henry Daniel Lively's answer
Contributor Level 7

You need to prepare a tax return for the LLC at the end of the year. Each of...
Question

Stephen J. O'Brien
Stephen J. O'Brien's answer
Contributor Level 7

Your question is more complicated than it appears. Lots of items to consider...
Question

Kaiser Wahab
Kaiser Wahab's answer
Contributor Level 6

Hello, please see my response to your separate questions below: 1) How...
Karen L Brady
Karen L Brady's answer
Contributor Level 5

Kaiser's answers are comprehensive, but I want to add that you can get a...
Glenn M. Lyon
Glenn M. Lyon's answer
Contributor Level 6

You would not be able to obligate him to do anything as a partner since is not...
Keenan M. Post
Keenan M. Post's answer
Contributor Level 7

Contact Mr. Lyon to discuss. I can tell you that if this is how the...
Question

David Hamlin Madden
David Hamlin Madden's answer
Contributor Level 4

In the jurisdictions where I'm admitted (not Missouri), you're required to use...
Shawn P. Eyestone
Shawn P. Eyestone's answer
Contributor Level 4

While also not a Missouri attorney, I think that you probably have a little...
Question

Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

The post at the link below addresses precisely the fundamental question that...
Janet Lee Brewer
Janet Lee Brewer's answer
Contributor Level 7

The questions you are asking are too important to decide based on incomplete...
Question

Richard Forrest Gould-Saltman
Richard Forrest Gould-Saltman's answer
Contributor Level 7

You haven't given enough information to give you a meaningful answer to your...
Question

Ronald Anthony Sarno
Ronald Anthony Sarno's answer
Contributor Level 9

You need to discuss your options with a trademark lawyer. Much of what you...
Question

Kevin L. Colbert
Kevin L. Colbert's answer
Contributor Level 6

A general partner can be sued and held liable for the acts of the partnership....
Question

Daniel Nathan Ballard
Daniel Nathan Ballard's answer
Contributor Level 7

You note: The proposal submitted is the intellectual property of the service...
Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

As noted by my colleague, this isn't an IP question, it's a contract question....
Question

Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

Yes, the Indian citizen can form an LLC with a U.S. citizen. The Indian citizen'...
Carlos Gonzalez
Carlos Gonzalez's answer
Contributor Level 7

Yes, there is no rule against such a venture
Question

Robert John Murillo
Robert John Murillo's answer
Contributor Level 7

Your question is not entirely clear. You state “Dad financed everything....
Kaiser Wahab
Kaiser Wahab's answer
Contributor Level 6

From your description, it sounds like the following transpired. Your father...
Question

Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

Sounds like no one's consulted a music lawyer about any music business affairs....
Kaiser Wahab
Kaiser Wahab's answer
Contributor Level 6

There are many variables to that question, which has no "benchmark" answers...

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